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MicroStrategy: Bitcoin is a Once in a Lifetime Transformation

MicroStrategy CEO Michael Saylor has revealed his view of Bitcoin as a once in a lifetime transformation. He made sure to say so during a new Family Office interview with Angelo Roberts. Saylor highlighted what one can do to buy Bitcoin. This is because he thinks Bitcoin is a good fiat instrument. He said,

Moreover, MicroStrategy invested over 2.2 billion USD in BTC just a few weeks ago. They also bought 205 more Bitcoin, which boosted their current total holding. Now, Microstrategy (NASDAQ:MSTR) has a total of 91,326 BTC in its treasury. Their acquired BTC total value is over $5 billion. Saylor claims that the average amount for their purchase is $24,214 per BTC.

Since MicroStrategy’s infamous Bitcoin purchase in 2020, the firm has repeatedly bought more BTC and has made many headlines. The company is still filling up its Bitcoin piggy bank — the most recent being its 262 BTC purchase for $15 million.

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Source: Cryptocurrency - investing.com

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